2-bed · 1,400 sqftMon Reve (Credo Tower), Downtown Dubai · 7th floor · completed 2015

704, Mon Reve (Credo Tower)

Sold prices and rental history: sold once, by the developer in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 3 October 2023
Last soldAED 2.17M3 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Mon Reve (Credo Tower)

What is 704 worth today?

Last sold for AED 2,169,597 in 2023

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3 Oct 2023Sold by developerReady
AED 2,169,597AED 1,549 per sqft

Source: Dubai Land Department. Updated 3 October 2023.

Key facts

Type
2-bed apartment
Size
1,400 sqft
Floor
7th of 15
Parking
P2-3
Developer
Credo Investments
Completed
2015
Service charge
AED 36,500 /yr
Last sold
AED 2.17M · October 2023

About 704, Mon Reve (Credo Tower)

704 is a two-bedroom apartment of 1,400 sqft on the 7th floor of Mon Reve (Credo Tower), a 15-storey tower in Downtown Dubai completed in 2015 by Credo Investments. The developer sold it on 3 October 2023 for AED 2,169,597, or AED 1,549 per sqft, in line with the AED 1,591 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical two-bed in Mon Reve (Credo Tower)
2.2M2015201820212024Typical sale price by year: 2015 AED 2,312,168; 2018 AED 2,166,154; 2021 AED 2,167,658; 2022 AED 2,087,500; 2023 AED 2,200,000; 2025 AED 2,293,328Sold by developer, October 2023: AED 2,169,597 (AED 1,549 per sqft)

704 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 704, each contractTypical two-bed in Mon Reve (Credo Tower)
100K150K20182020202220242026Typical rent by year: 2018 AED 105,000; 2019 AED 100,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 103,615; 2023 AED 151,000; 2024 AED 165,000; 2025 AED 160,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mon Reve (Credo Tower), and where 704 sits

All 47 2-beds →

704 last sold in October 2023 at AED 1,549 per sqft, in line with what two-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,591). Over the last 12 months two-beds sold for AED 2,200,000, around AED 1,837 per sqft, and rent for AED 150,000 to 170,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Dec 20252,200,000
2 Jun 20252,236,656
2 Jun 20252,439,444
17 Feb 20252,350,000
1 2-bed sale in the last 12 months

Mon Reve (Credo Tower)

Building

81 apartments, 1-bed to 4-bed over 15 floors in Downtown Dubai, completed in 2015 by Credo Investments. 1 sold in the last 12 months.

Typical price per sqft
AED 1,837
Typical sale
AED 2.2M
Typical rent
AED 160K /yr
Typical yield
6.6%
Mon Reve (Credo Tower), Downtown Dubai: prices, sales and rents →

Other units on the 7th floor

All 81 units in Mon Reve (Credo Tower)
Value
7012-bedAED 2.13M · Oct 2023
7022-bedAED 2M · Jan 2022
7032-bedAED 2.89M · Oct 2018
7052-bedAED 2.35M · Nov 2023
7071-bedAED 1.55M · Jul 2015
7081-bedAED 1.6M · Jun 2025
7091-bedAED 1.49M · Jun 2023

704, Mon Reve (Credo Tower) in numbers

  • Sold once: by Credo Investments on 3 October 2023 for AED 2,169,597, or AED 1,549 per sqft.
  • Two-beds in Mon Reve (Credo Tower) sold for AED 2,200,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,837 per sqft.

Source: Dubai Land Department. Updated 3 October 2023.

Questions about 704, Mon Reve (Credo Tower)

What did unit 704 last sell for?

AED 2,169,597 on 3 October 2023, sold by the developer: AED 1,549 per sqft for 1,400 sqft. It is the only registered sale of the unit.

How big is unit 704?

1,400 sqft (130.1 sqm): a two-bedroom apartment on the 7th floor of a 15-storey tower completed in 2015.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mon Reve (Credo Tower) sold for AED 2,200,000 to 2,200,000 in the last 12 months, around AED 1,837 per sqft.

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Mortgage on 704, Mon Reve (Credo Tower)

Starts from the last sale price (AED 2.17M, 3 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,169,597
Deposit, UAE resident (20%)
AED 433,919
Deposit, non-resident (40%)
AED 867,839
Monthly over 25 years at 3.7%
AED 8,876

Plus AED 96,133 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →